Using import protection as export promotion

Experience in the Philippines shows that export growth can be achieved in the presence of significant import protection, as long as governments can prevent the real exchange rate from appreciating. Where significant import protection remains, governments may consider offsetting the discrimination against exports with administrative measures to provide imported inputs at world prices or with subsidies. Directly promoting exports in this way may also help to form a constituency for continued protection.
Type Classification:
E: Emanations of other strategies
Related UN Sustainable Development Goals:
GOAL 12: Responsible Consumption and Production